7 Practical things to do during an Economic Crisis

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[DavidMN-]

1) Prioritize Essentials - Have a strict budget for what you need, not want
2) Consult Financial Advisor/Planner
3) Debt Reduction - Pay off your highest interest rate and work your way down
+) Have cash put back, be liquid so you can use it when you need it
4) Precious Metals - Gold, silver, high value assets
5) Have a second source of income - Be prepared for layoffs
6) Get rid of things you don't need - Clear clutter, maybe make some cash
7) Prep - Put back food, water, medical supplies

[justnana]

I never eat out, my last vacation was in 2001 and my only "luxury" is Wi-Fi for my house and the only thing I'm buying on credit is my house. I pinch every penny till it screams. You might think this is a boring, tedious existence BUT knowing I am not horribly in debt and can help my children, grandchildren and great grandchildren makes my life very satisfying and calm. ❤️👍🇺🇲

[dissy]

My personal list...

Get out of debt
Cut expenses to bare minimum
Sell unneeded stuff for cash
Don't buy stupid stuff
Kick those bad habits
Get healthy
Fix/do it yourself
Dont keep excess dollars in the bank
Have an emergency fund in cash at home
Think about security, get training
Work O.T./extra job/side hustle
Buy REAL assets, think barter
Have 3-6 months food & supplies
Plant garden, raise chickens & rabbits


Sleep well at night.

[shawnrobbins]

Great content and good general advice. Thank you.

[titanpreparedness]

Great list and ideas. I could see us having some type of recession in the next few years. Might not be a full-blown great depression but it's still going to be a rough time for many folks.

[KoniB.]

Amen and amen to all points given. We need you and Robbie to continue to direct us and encourage us, in order that we continue to be fearless and prepare, in the face of the incoming onslaught of craziness. Thank you for your continued support.

[kenlandon]

Cable tv, Netflix I do not miss at all.

[markwhittington]

Common sense applied. Thanks for the reminders.

[dugger]

Great video about saving money on vacation. What about a cheap room on the Sootch compound for Range day weekend and an ammo packet? Lol

[freedomring]

get out of debt as quickly as possible. the worse thing you could be in when the economy crashes, is in debt. The odds are great you may you lose your job. If you don't owe anyone money, you could hold out for a little bit until you can land some gainful employment. Make sure you have an emergency fund that covers 3 to 6 months worth of expenses, food, utilities etc.

[jennifersmith]

I enjoy your videos but I LOVE the bloopers at the end!! 👍🏻 keep it up!

[TeklaB]

I followed for a bit the cat bloopers are my favorite ❤️ big softy

[nannyrx]

Great analysis- junk silver vs US coins vs Canadian silver?

[krymsonshenk]

I liked the bloopers at the end😂thanks for sharing and the advice

[krysium]

Our vacation was a cabin in blue ridge
Zip lining
White water rafting
Trail riding etc

As soon as the kids are old enough we are hitting a stunt school

But we sacrificed our first decade of work to invest a LOT and are now set up pretty nicely

[Synistercrayon]

The ONLY thing that gives me piece of mind is having a personal relationship with my creator.
I really do wish you well with your gold and silver.

[sarellawolff]

Toothpaste for burns. It works even better than ice! Slather White Toothpaste immediately on the burn to stop the pain in a few minutes and stop the burn from going deeper. A must have!

[ibyisabeast]

Another way to save money: stop watching sootch gun reviews 😂

[ApocGuy]

#8 grow your own food/ buy locally/ learn how to raise chickens, rats, rabbits and guinea pigs/ learn how to grow and can veggies

[DiscoverTruth-ylpr]

Right now, there are some banks offering high-yield savings accounts. I sold all of my stock and moved the funds into a 4.5% high-yield savings account. Safe returns.